Glencore to Supply General Motors with Cobalt in Multiyear Deal
April 12 2022 - 7:51AM
Dow Jones News
By Kyle Morris
Glencore PLC said Tuesday that it has entered a multiyear
sustainable cobalt supply agreement with General Motors Co.
The mining group said that it will supply GM with cobalt from
its Murrin Murrin operation in Australia.
The Murrin Murrin site conforms with the Responsible Minerals
Assurance Process, which aligns with Organisation for Economic
Co-operation and Development standards, Glencore said.
Shares in Glencore at 1115 GMT were up 6.60 pence, or 1.3%, at
527.00 pence.
Write to Kyle Morris at kyle.morris@dowjones.com
(END) Dow Jones Newswires
April 12, 2022 07:36 ET (11:36 GMT)
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